1 Billion Yuan! Sunrise to Start 400MW Solar Power Project in Anhui Province of China

PVTIME – On November 14, Shenzhen Sunrise New Energy Co., Ltd. (002256.SZ) announced that its subsidiary based in Shenzhen City and the People’s Government of Maanshan City had reached an agreement on the construction of 400MW solar power project in Maanshan City of Anhui Province, China.

The planned investment of the project will be 1 billion yuan which is expected to promote the company onto a new stage in PV industry with rich experience, advanced technology, excellent team and financial guarantee, Sunrise stated. The company would like to maintain the scale of solar station it operated or managed through the new project for some of the solar power generation projects had been sold which resulting in a decline in its PV station scale.

Furhtermore, 10 solar power generation stations is currently under the management of Sunrise with a total installed capacity of 131.82MW according to its performance report released on August 30, 2022. In addition, the company will perform well as its PV projects in backlog to be completed and connected in the grid.